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Dec 3, 2012
12/12
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i really worry that president obama, we consider that he's overreaching, it's too much, you know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have to go up to 39.6%. >> i still think the white house is willing to settle for something in the middle there above the bush tax rate but maybe not all the way back up to clinton, maybe not 250 and above, maybe 500. i think there are moving parts there. i think he says in every speech he goes out there and gives the hard line message to the base i'm not going to be the woos you thought i was last time. he says i want to compromise and we all have to get out of our comfort zone. i want a deal. >> and repub
i really worry that president obama, we consider that he's overreaching, it's too much, you know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear....
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Jul 25, 2011
07/11
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the unemployment rate has jumped from 7.8 to 9.2%. the nation gained only 18,000 jobs in june and goldman sachs now projects that by the end of 2012, the unemployment rate will still be 8 and three quarters%. question. that's your idea of the path to growth? >> chris, the american economy is still suffering undeniably from the tragic after-effects of the crisis this president inherited. but we have now been growing for more than a year and a half. we have 2 million. over 2 million private sector jobs created since job creation started again. faster and author man the last two recoveries. things are healing. it's going to take more time though. growth is slower than we would like. that's why it's important to get the budget cut done. we want congress to turn back to the business of helping the economy to grow stronger. long way to go. no doubt about it much stronger as a country than we were not just three months ago, six months ago, 18 months ago. >> chris: stronger position on the economy. >> undeniably. >> chris: stronger position i
the unemployment rate has jumped from 7.8 to 9.2%. the nation gained only 18,000 jobs in june and goldman sachs now projects that by the end of 2012, the unemployment rate will still be 8 and three quarters%. question. that's your idea of the path to growth? >> chris, the american economy is still suffering undeniably from the tragic after-effects of the crisis this president inherited. but we have now been growing for more than a year and a half. we have 2 million. over 2 million private...
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Aug 6, 2011
08/11
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the credit rating agencies said look politicians can pat each other on the back and president obama can pat himself on the back. credit rating agencis and markets say this is another 2.1 or 2.4 trillion in debt and we are not realiically cutting the spend getting the house in order and now international markets are paying attention. i called on the president to fire tim geithner and come up with a plan. he needs to peek to the nation, neal, before the markets open. >> congressman, if the replacement was somebody leak jon corzine. >> i would like to see him replaced with someone who gets the economy and understands the importance of cutting government spending. that's what we need. someone who understands we have to get our fiscal house in order. fantasy economics are a proven failure. he passed the wrong vision and he needs to put machine in that truly understands the market and get it is the reality or job creation. >> harris: -- >> congressman bachmann she said the markets would do what they did if we got a bad deal. we have dick on the phone with us. what happened? >> heyneal, i thin
the credit rating agencies said look politicians can pat each other on the back and president obama can pat himself on the back. credit rating agencis and markets say this is another 2.1 or 2.4 trillion in debt and we are not realiically cutting the spend getting the house in order and now international markets are paying attention. i called on the president to fire tim geithner and come up with a plan. he needs to peek to the nation, neal, before the markets open. >> congressman, if the...
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Aug 8, 2011
08/11
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it's true that this will go down on n history on obama's watch but this is a credit rating if you want to call it that based on the entire deficit of the united states spread over a lot of years. it happened in obama's watch. you are right. this is accumulation of deficit. >> eric: no. john chambers on this morning and i interviewed him. he said the speed at which the debt increase versus gdp. that's what he said. >> bob: can i say -- >> eric: everybody wants to blame the tea party. mr. chambers said who heads the s&p, director said and i asked him, if there was a balanced budget amendment in america, would we have been downgraded. he didn't say it on camera but after the camera went off, he said you're 100% right. >> bob: that goes into the conspiracy theory. thank you very much. >> before we go to the break, who are the conspirators? >> bob: well, first, if i thought collectively they had enough sense to get conspiracy going. someone is helping them along the way. balanced budget, fine. if he had a balanced budget amendment we wouldn't do it to you. who wants the balanced budget amen
it's true that this will go down on n history on obama's watch but this is a credit rating if you want to call it that based on the entire deficit of the united states spread over a lot of years. it happened in obama's watch. you are right. this is accumulation of deficit. >> eric: no. john chambers on this morning and i interviewed him. he said the speed at which the debt increase versus gdp. that's what he said. >> bob: can i say -- >> eric: everybody wants to blame the tea...
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Dec 2, 2012
12/12
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but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain can't be reached next year. >> eric: martin, do you think a grand bargain won't be reached? >> i think it will. talk about what is going on now here first. you know, the president won the election. he campaigned on the basis of higher rates for the taxpayer income earners. no surprise. the republicans are asking shocked that the president is taking a tough line. i think they expect him to roll over and play dead. that is not the way things work in this town. he won the election. and he told the american people we were going to raise the rates on the top income earners. now that is what he is trying to do. i think there is some give here. i don't think it has to go up to 39.6. right now it's 35. maybe it goes up a point or two. listen, republicans need time to sort through all of this. there will be a short-term agreement. there will be a down payment with some increased taxes. some increa
but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain can't be reached next year. >> eric: martin, do you think a grand bargain won't be reached? >> i think it will. talk about what is going on now here first. you know, the president won the election. he campaigned on the basis of higher rates for the taxpayer income earners. no...
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Aug 6, 2011
08/11
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&p is right now, saying it is the worth of the value of our debt is lower han it was when president obama began. it is a huge political story and not going to end any time soon. >> s&p is warning that it may go lower and downgrade it to a double a rating. how does the u.s. get its house in order in two years? >> remember two side toz get your house in order. they can cut stuff with the new budget and deficit bill. i think they are modestly successful. it is not as bad as people think. but the problem with what the s&p points out. since the stimulus package failed and all of the measures that the president tried has failed you are not getting revenues coming n you have a bigger deficit. economic growth is key to the downgrade. it is not just the debt deal. but sipts said there is no credible plan to make up or sort of the draw down the deficit that we have right now . this is a big problem. this is fiscal policy grid lock. republicans coming up with taxs and reforming the tax code and you have president obama coming out saying that we should do a new infrastructure rank similar to the stim
&p is right now, saying it is the worth of the value of our debt is lower han it was when president obama began. it is a huge political story and not going to end any time soon. >> s&p is warning that it may go lower and downgrade it to a double a rating. how does the u.s. get its house in order in two years? >> remember two side toz get your house in order. they can cut stuff with the new budget and deficit bill. i think they are modestly successful. it is not as bad as...
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Aug 8, 2011
08/11
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is the beginning of the end of the obama administration. it was my first thought friday, i read today online -- megyn: all right. no more stalling. >> he's finished. megyn: no more stalling. here's what you said on your radio show, stand by. >> and she does a good job. when is -- and megyn's still on maternity leave, right? >> what do you mean, are you complaining? she's bonding with her baby. >> what a racket that is, i mean, men don't get to bond finish. >> what a racket? >> how much time does he get off? >> probably three months. >> how much time did you get off when your kids were born? >> let me tell you, one week was all i could stand. megyn: nice, chris. would you care to explain those remarks, mr. gallagher? maternity leave, it's a racket? >> well, first of all, everybody on your show, they're rats and traitors. i kept saying when this first hit the fan i said, please, tell me, i want to get to megyn, did she hear it? no response. it was crickets. megyn: i gave a couple of interviews over the summer to some publications, and the rep
is the beginning of the end of the obama administration. it was my first thought friday, i read today online -- megyn: all right. no more stalling. >> he's finished. megyn: no more stalling. here's what you said on your radio show, stand by. >> and she does a good job. when is -- and megyn's still on maternity leave, right? >> what do you mean, are you complaining? she's bonding with her baby. >> what a racket that is, i mean, men don't get to bond finish. >> what...
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Aug 9, 2011
08/11
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obama by threatening a veto did exactly the tactic he is accusing others of doing. on one point about the commission, bill on one of the rare occasion he is wrong. one thing about the commission that has an authority to fast track, it never happens. only happens in the base closings where you know if you get amendment nothing will happen. up and down vote. the reason that the tax reform is hard is it closes constituency. the only way to get is it this kind of arrangement. it now exists and should be used and it can work. >> next up, the tragic weekend for u.s. troops in afghanistan. >>> we're very proud of him. he succeeded with the seals and became e-6 in four years. >> he was trained for it. something he wanted. >> he was an all-american g.i. joe. a great guy that loved his country. >> as heavy a loss as this was, it would even be more tragic if we allowed it to derail this country. from our effort to defeat al-qaeda. and deny them a safe haven that afghanistan. >> bret: 30 american troops, seven afghan commandos and an afghan interpreter killed when the ch-47 chi
obama by threatening a veto did exactly the tactic he is accusing others of doing. on one point about the commission, bill on one of the rare occasion he is wrong. one thing about the commission that has an authority to fast track, it never happens. only happens in the base closings where you know if you get amendment nothing will happen. up and down vote. the reason that the tax reform is hard is it closes constituency. the only way to get is it this kind of arrangement. it now exists and...
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Aug 7, 2011
08/11
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. >> governor huckabee, what advice do you have for president obama in case he's watching in terms of immediate action he needs to take? >> mike: i know he watches this show every week. he pays no attention but get rid of geithner. even if it doesn't change the policy you got to give the american people a sense you are doing something different than what you are doing . the next thing he has got to call in people from the republican party and say guys, i know we have been fighting. we are in this together and figure out what to do to get a treasury secretary we can believe in and get the country back track. good policy is good politics. this period - president thinks that god politics is good policy. he needs to take care of the policy and i wish he would take this piece of advice. maybe he will. charlie, thank you for being here. always a pleasure. speaking of charlie and new york representative charlie rangel said christians ought to be liberals. he is having a hard time c>> mike: new york representative charlie rangel and i have had a public disagreement over jesus and taxes. >> ma
. >> governor huckabee, what advice do you have for president obama in case he's watching in terms of immediate action he needs to take? >> mike: i know he watches this show every week. he pays no attention but get rid of geithner. even if it doesn't change the policy you got to give the american people a sense you are doing something different than what you are doing . the next thing he has got to call in people from the republican party and say guys, i know we have been fighting....
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Aug 8, 2011
08/11
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. >> governor huckabee, what advice do you have for president obama in case he's watching in terms of immediate action he needs to take? >> mike: i know he watches this show every week. he pays no attention but get rid of geithner. even if it doesn't change the policy you got to give the american people a sense you are doing something different than what you are doing . the next thing he has got to call in people from the republican party and say guys, i know we have been fighting. we are in this together and figure out what to do to get a treasury secretary we can believe in and get the country back track. good policy is good politics. this period - president thinks that god politics is good policy. he needs to take care of the policy and i wish he would take this piece of advice. maybe he will. charlie, thank you for being here. always a pleasure. speaking of charlie and new york representative charlie rangel said christians ought to be liberals. to be liberals. he is having a hard time you could save a bundle with geico's multi-policy discount. geico, saving people money on more th
. >> governor huckabee, what advice do you have for president obama in case he's watching in terms of immediate action he needs to take? >> mike: i know he watches this show every week. he pays no attention but get rid of geithner. even if it doesn't change the policy you got to give the american people a sense you are doing something different than what you are doing . the next thing he has got to call in people from the republican party and say guys, i know we have been fighting....
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1.6K
Dec 1, 2012
12/12
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should the republicans let president obama own that? >> brian: unbelievably disappointed. you did not characterize, you must be on some level, bob, disappoint. the president is doing what he did for the four years. his way or the highway. this is the quote from the "washington post." offer lacked any concession for republicans at the core issue of where to set the tax rate. i thought this is going to be a debate between 35-3%. and as deal roll up sleeves. this offer is insulting. i am not going to deal with you. >> the top 2% since 1986. >> they can't say the republicans holding out on the top 2%. >> the republicans want spending cuts. republicans realize -- >> they offer, i think obama is offering $500 million -- [ overtalk ] >> dana: critical count -- >> eric: the democrats realize that they have to touch spending if they want the 2%. >> brian: i want the power to raise the debt ceiling without asking you. >> dana: triple count cuts that were made. to get credit. wants to get credit for cutting things that were already cut in the past. his budget could not get a single v
should the republicans let president obama own that? >> brian: unbelievably disappointed. you did not characterize, you must be on some level, bob, disappoint. the president is doing what he did for the four years. his way or the highway. this is the quote from the "washington post." offer lacked any concession for republicans at the core issue of where to set the tax rate. i thought this is going to be a debate between 35-3%. and as deal roll up sleeves. this offer is...
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Aug 6, 2011
08/11
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but barak obama's job approval rating is 40% and among independents it's in the 30s. that's trouble for him! >> rick: david, let me ask you, does the president need to shuffle some chairs on the deck -- i don't mean to be trite here, but seriously, is somebody going to lose their job as a result of this? tim geithner, for example. >> look, this happened because in three months we had agreed to pay our bills, bills that have come over the last ten, 12 years, if we said yes, we're paying our bill, then moved on to negotiations on spending or raising tax revenues, we would not be dealing with this standard and poors rating right now. >> tim geithner said this wasn't going to happen. >> let me finish, adam. when they pay their bill, they don't have to worry about looming credit hovering over them. they move on and they get their house in order. >> rick: adam, the last word. >> now we're going to offer higher rates. >> in april, tim geithner guaranteed it's not going to happen. >> they just imposed a tax on us for all their shenanigans. >> rick: adam, last word. >> tim gei
but barak obama's job approval rating is 40% and among independents it's in the 30s. that's trouble for him! >> rick: david, let me ask you, does the president need to shuffle some chairs on the deck -- i don't mean to be trite here, but seriously, is somebody going to lose their job as a result of this? tim geithner, for example. >> look, this happened because in three months we had agreed to pay our bills, bills that have come over the last ten, 12 years, if we said yes, we're...
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Aug 3, 2011
08/11
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for everyone, and the problem is president obama has consistently said we need to raise taxes. and it is not just through new growth in this economy. i can temperature you have -- tell you having sat through three months of discussion with the administration it is their position we need to impose higher taxes on many of the small businesses in this country. >>neil: he does not give up on that. he said it today. yesterday. and right before he signed what you and the senate came up with, he has not given up the hunt. >>guest: what is the economic theory that validates a position that says you should impose higher taxes right now when you have 9.2 percent unemployment, that is the official rate. you have terrible job numbers and manufacturing numbers. you have the new consumer spending numbers that are down. >>neil: would there be a position, congressman, or a situation where you would envision revenues being on the table as they will come up in november or december when the 12 person committee makes recommendations? >>guest: revenues should come from growth in the economy. so we
for everyone, and the problem is president obama has consistently said we need to raise taxes. and it is not just through new growth in this economy. i can temperature you have -- tell you having sat through three months of discussion with the administration it is their position we need to impose higher taxes on many of the small businesses in this country. >>neil: he does not give up on that. he said it today. yesterday. and right before he signed what you and the senate came up with, he...
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Aug 8, 2011
08/11
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that president obama weighs into what traders think and investors think the price is going to be. monday morning, doomsday scenario, prices go up and that means yields -- prices go down, yields go up. if interest rates go up, that affect your credit cards, that affects what you pay for a mortgage. that's the doomsday scenario. you have a spike in yields and spikes what everyone pace on their credit cards. >> let's talk about that. if a person has a rate and it's fixed, it's not going to go up. >> probably not but if you want to get a new one, it will cost a new one. >> get your credit today, buy a car today. don't wait monday. buy the home today and lock in the rate, if you can. >> spend all your money. >> but i want to be serious about it because i think a lot of people think come monday, if they have a home loan at 6%, it's a 30 years fixed and they are going to say it's not, it's 6%. >> but it's not. it's locked in. unless there's an adjust i believe rate. and probably then there's a time frame. >> read the fine print. who knows what it's going to say? >> how many people in thi
that president obama weighs into what traders think and investors think the price is going to be. monday morning, doomsday scenario, prices go up and that means yields -- prices go down, yields go up. if interest rates go up, that affect your credit cards, that affects what you pay for a mortgage. that's the doomsday scenario. you have a spike in yields and spikes what everyone pace on their credit cards. >> let's talk about that. if a person has a rate and it's fixed, it's not going to...
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Aug 6, 2011
08/11
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the credit rating agencies said look politicians can pat each other on the back and president obama can pat himself on the back. credit rating agencis and markets say this is another 2.1 or 2.4 trillion in debt and we are not realiically cutting the spend getting the house in order and now international markets are paying attention. i called on the president to fire tim geithner and come up with a plan. he needs to peek to the nation, neal, before the markets open. >> congressman, if the replacement was somebody leak jon corzine. >> i would like to see him replaced with someone who gets the economy and understands the importance of cutting government spending. that's what we need. someone who understands we have to get our fiscal house in order. fantasy economics are a proven failure. he passed the wrong vision and he needs to put machine in that truly understands the market and get it is the reality or job creation. >> harris: -- >> congressman bachmann she said the markets would do what they did if we got a bad deal. we have dick on the phone with us. what happened? >> heyneal, i thin
the credit rating agencies said look politicians can pat each other on the back and president obama can pat himself on the back. credit rating agencis and markets say this is another 2.1 or 2.4 trillion in debt and we are not realiically cutting the spend getting the house in order and now international markets are paying attention. i called on the president to fire tim geithner and come up with a plan. he needs to peek to the nation, neal, before the markets open. >> congressman, if the...
157
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Feb 28, 2014
02/14
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credit rating was downgraded. s&p is now asking the courts to force the obama administration to turn over all documents and recordings associated with the obam obama/tim geithner meeting as well as the tim geithner phone call. it is not clear when the judge would make a decision on those documents. >> all right, trace, thank you. >>> cannot miss video coming out of a student government meeting at one of the largest universities in america. students at ucla held a hearing to protest their school's relationship with companies who do business with israel. and when the conservative activist ben shapiro found out about the conservative activism voices were there, he dropped out to make sure the other side was presented, as well. >> i got out of that and left my 1 month-old baby here when i saw what was going on. i have never been more ashamed to be an alumnis of this university. pretend this is about peace, anything but violence, despicable jew hatred is a lie. >> and shapiro is the senior editor at large, and editor a
credit rating was downgraded. s&p is now asking the courts to force the obama administration to turn over all documents and recordings associated with the obam obama/tim geithner meeting as well as the tim geithner phone call. it is not clear when the judge would make a decision on those documents. >> all right, trace, thank you. >>> cannot miss video coming out of a student government meeting at one of the largest universities in america. students at ucla held a hearing to...
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Dec 28, 2012
12/12
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. >> president obama has presided over the lowest tax rate in mod hern history and decades. we're trying to role back taxes for people making over $250,000 a year. what john boehner is doing by letting us go off the fiscal cliff is raising every american's income taxes in about a week by not negotiating with the white house. he -- he's in a awkward position, he can't even get his own party to back his own republican proposals, so what we're seeing is congressmen and congress women are on vacation, senate is in session, the white house is there. everybody's working except congress. >> you know and i know congress is coming back sunday. michelle, talk about this. mark says it's not a revenue problem. it is a revenue problem, it's not a spending problem. what do you see? >> z we're not on the verge of fiscal cliff, we have already gone over the of fiscal cliff. look at our problem with spending, how bloated our government is. we're $16 trillion in debt. something needs to be done. this year we're going to spend $165 billion more than we receive in social security. $3 we're goin
. >> president obama has presided over the lowest tax rate in mod hern history and decades. we're trying to role back taxes for people making over $250,000 a year. what john boehner is doing by letting us go off the fiscal cliff is raising every american's income taxes in about a week by not negotiating with the white house. he -- he's in a awkward position, he can't even get his own party to back his own republican proposals, so what we're seeing is congressmen and congress women are on...
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Aug 10, 2012
08/12
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is facing crushing debt and the unemployment rate is above 8%. why isn't the economy getting any better, any faster isn't former barack obama counsel adviser is here. and donald trump's role at the republican national convention. what are his plans? you will be surprised. how much would you pay for a $100 million loan? how about a billion dollars. wait until you find out who lium, which gels to remove unsexy waste and reduce cholesterol. taking psyllium fiber won't make you a model, but you should feel a little more super. metamucil. down with cholesterol. here one story. i'm sean. i switched to adv® 10 months ago. biking can be really tough on the lower back and your upper thighs. you have some nasty aches and pains. i really like advil® because it takes care of it all. neck ache, shoulder pain and definitely lower back pain. i use advil® because my wife, she's a nurse, she recommended it. [ male announcer ] make the switch. take action. take advil®. and if pain keeps you up, sleep better with advil® pm. and if pain keeps you up, by what's
is facing crushing debt and the unemployment rate is above 8%. why isn't the economy getting any better, any faster isn't former barack obama counsel adviser is here. and donald trump's role at the republican national convention. what are his plans? you will be surprised. how much would you pay for a $100 million loan? how about a billion dollars. wait until you find out who lium, which gels to remove unsexy waste and reduce cholesterol. taking psyllium fiber won't make you a model, but you...
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Aug 10, 2012
08/12
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is facing crushing debt and the unemployment rate is above 8%. why isn't the economy getting any better, any faster isn't former barack obama counsel adviser is here. and donald trump's role at the republican national convention. what are his plans? you will be surprised. how much would you pay for a $100 million loan? how about a billion dollars. how about a billion dollars. check out the bass pro shops fall hunting classic for amazing doorbuster deals - plus extra savings up to $100 during our scope trade-in sale. [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. for 40% more cushiony thickness. by what's getting done. measure commitment the twenty billion doars bp committed has helped fund economic and environmental recovery. long-term, bp's made a five hundred million dollar commitment to support scientists studying the environment. and the gulf is open for business - the beaches are beautiful, the sea
is facing crushing debt and the unemployment rate is above 8%. why isn't the economy getting any better, any faster isn't former barack obama counsel adviser is here. and donald trump's role at the republican national convention. what are his plans? you will be surprised. how much would you pay for a $100 million loan? how about a billion dollars. how about a billion dollars. check out the bass pro shops fall hunting classic for amazing doorbuster deals - plus extra savings up to $100 during...
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Dec 1, 2012
12/12
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increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i don't give a damn. i just want them to fix it. what the republicans should do is say these are the things we are going to fix. these are the numbers and this is our proposal. >> sean: wait a minute, i don't think you are being fair in one sense. the republicans said to the chagrin of a lot of conservatives that revenue is on the table. obama has said, my way or the highway. his proposal, his budget plan that nobody voted for last year. >> yes and he's asking for more revenue on the debt ceiling he's saying abolish congress' authority to borrow. i want the authority to be in the white house for -- >> sean: obama not leading again. >> it is a giant problem. i am surprised he is out there treating this like a campaign. he's giving speeches and going to campaign events in toy stores and s
increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i don't give a damn. i just want them to fix it. what the republicans should do is say these are the things we are going to fix. these are the numbers and this is our proposal. >> sean: wait a minute, i don't think...
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Aug 8, 2011
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obama by threatening a veto did exactly the tactic he is accusing others of doing. on one point about the commission, bill on one of the rare occasion he is wrong. one thing about the commission that has an authority to fast track, it never happens. only happens in the base closings where you know if you get amendment nothing will happen. up and down vote. the reason that the tax reform is hard is it closes constituency. the only way to get is it this kind of arrangement. it now exists and should be used and it can work. >> next up, the tragic weekend for u.s. troops in afghanistan. ♪ ♪ ♪ when you're resonsible for this much of the team, you need a car you can cot on. ♪ two of the most important are energy security and economic growth. north america actually has one of the largest oil reserves in the world. a large part of that is oil sands. this resource has the ability to create hundreds of thousands ojobs. at our kearl project in canada, we'll be able to produce these oil sands with the same emissions as many other oils and that's a huge breakthrough. tha
obama by threatening a veto did exactly the tactic he is accusing others of doing. on one point about the commission, bill on one of the rare occasion he is wrong. one thing about the commission that has an authority to fast track, it never happens. only happens in the base closings where you know if you get amendment nothing will happen. up and down vote. the reason that the tax reform is hard is it closes constituency. the only way to get is it this kind of arrangement. it now exists and...
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Dec 28, 2012
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so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a crisis among the republicans and it did. so right up until now obama has what he wanted, which was a partisan, political success. he's been less worried about the fiscal issue for two reasons. number one, he does not care about debt. he hasn't in the four years. and number two, he thinks he's a political winner if we go over the cliff. he thinks he's holding all the cards. >> all right. charles, let me agree with one point. you use the term, and i will concede that's the perfect term, ruthless skill. but, as bob woodward pointed out when he wrote this book about the grand bargain negotiations, it's not going to be looked at through this historical prism as the boehner era, this is the obama e.r.a. if the economists are right and things don't go well for the country, doesn't the president have to worry about that legacy of his? >> i agree with you entirely. i have argued
so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a crisis among the republicans and it did. so right up until now obama has what he wanted, which was a partisan, political success. he's been less worried about the fiscal issue for two reasons. number one, he does not care about debt. he hasn't in the four years. and number two, he thinks he's a political winner if we go over the cliff. he thinks...
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Jul 30, 2011
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helped decide elections are basically, they went to barack obama in 2008. they went to the house republicans in 2010. and flipped control of the house. a 2012, they are up for grabs again. and that has this white house extremely worried. let's not forget how the white house tried to frame this summer. bret says we are deep into debt ceiling itis. debt recovery summer. >> laura: i'm still recovering from the last one. >> i'm not sure whether debt ceiling-itis is a bacteria or virus. if you look at the 10 states that barack obama carried by his slimmist margin in 2008, that ranges from missouri .4% up to pennsylvania 10%. in six of those 10 states the local polling shows a disapproval rating or a tie for his job approval rating: in five of those states, of those 10 states unemployment is over 8%. that is what they are really worried about. >> laura: let's just go back to what the administration could do, bret, when you look at the markets opening on a monday, okay? the administration can send out tim geithner, if things haven't gotten down to a deal, if bedon
helped decide elections are basically, they went to barack obama in 2008. they went to the house republicans in 2010. and flipped control of the house. a 2012, they are up for grabs again. and that has this white house extremely worried. let's not forget how the white house tried to frame this summer. bret says we are deep into debt ceiling itis. debt recovery summer. >> laura: i'm still recovering from the last one. >> i'm not sure whether debt ceiling-itis is a bacteria or virus....
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>>eric: doug, if you brought all the people, if you take february of 2009 when president obama raised his right hand, the first full month in august, you take the number, the participation rate from that day and you bring it back to today's number, back to that date you are talking three or tour million more people who may be in the labor force. if they are in the labor force, unemployment could be 10 percent or 11 percent or 12 percent. >>guest: it would be around 11 percent if you put them if the labor force. the broadest measure of official underememployment, the u6, that measures discouraged workers and those working part time but not by choice but because there is not enough demand, that number is 15 percent and it was rising in this report. if you look broadly, it is hard to make the case this is a good news story for the american work er. >>eric: all this was goi on, where are all the washington lawmakers? >> love it. >>eric: okay. well, maybe that is not them. but washington, dc, sure did empty -- i see pelosi going across the screen? washington emptied out fast as congress le
>>eric: doug, if you brought all the people, if you take february of 2009 when president obama raised his right hand, the first full month in august, you take the number, the participation rate from that day and you bring it back to today's number, back to that date you are talking three or tour million more people who may be in the labor force. if they are in the labor force, unemployment could be 10 percent or 11 percent or 12 percent. >>guest: it would be around 11 percent if you...
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. >>> one year to the day since president obama was sworn in for his second term. the real clear politics polls show the ratings have been on a steady downward slide. a total swing of 20 points in the last 12 months. look at that, the red is the disapproval, the white is the approval. you can see they're going in the wrong direction for the president currently. ed henry is live in the snow at the white house. ed? >> megyn dedicated to you and your viewers. the poll numbers come down because i spoke to rob portman today, he said it's because of health care, the president's signature domestic achievement has broken promises on that issue that really brought those numbers down in the last couple months, the pushback from the white house tonight. i spoke to him in one of the president's senior advisers, look, they believe they're going to turn health care, more and more young people will start signing up in the months ahead. they're not there yet obviously, that is their hope. the problem for the president is one year ago today, he spoke a lot about a very aggressive p
. >>> one year to the day since president obama was sworn in for his second term. the real clear politics polls show the ratings have been on a steady downward slide. a total swing of 20 points in the last 12 months. look at that, the red is the disapproval, the white is the approval. you can see they're going in the wrong direction for the president currently. ed henry is live in the snow at the white house. ed? >> megyn dedicated to you and your viewers. the poll numbers come...
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Oct 26, 2011
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megyn: president obama's approval ratings are low, you know that. >> they are. megyn: surpassed only by the approval of republicans in congress and congress in general. those are low too. here's what we don't know: how do the american people feel about herman cain, mitt romney, rick perry and how they might do if they were given the reins at the white house. you know, does the congressional approval rating of republicans in the congress speak to what american think about a republican taking over in the white house? >> well, the beautiful thing about this election cycle from what i've seen of republican candidates, with the exception of mitt romney who republicans don't want, all the other candidates seem to be vying for a spot on the tonight show to be the funniest candidates. herman cain's ad yesterday was very entertaining, aye got to tell you. i love that guy. but it's not somebody who we're going to vote for for president of the united states, a guy whose finger is going to be on the button. america wants a serious person, and the republicans are not going t
megyn: president obama's approval ratings are low, you know that. >> they are. megyn: surpassed only by the approval of republicans in congress and congress in general. those are low too. here's what we don't know: how do the american people feel about herman cain, mitt romney, rick perry and how they might do if they were given the reins at the white house. you know, does the congressional approval rating of republicans in the congress speak to what american think about a republican...
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Jul 24, 2011
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bargain, big spending cuts an entitlement reform and boehner agreed to revenue increases, lower tax rates and do away with entitlements, and, some of the loopholes, and, boehner agreed to that, and, then the president demanded another $400 billion, 50% more, and he said, you know, that is still a possibility, and when i asked boehner about that he said i have not taken my last offer off the table and the grand bargain is not dead, and quite frankly, i don't think it is even on life support. >> jamie: i asked byron york about that, too, who is under more pressure, as a washington-watcher and right there, so involved in do you think the president is to get it done and get it right or speaker boehner who seems to be in the hot seat as well. >> chris: i think they both are. the real danger is that the markets have been saying, we expect a deal, the ratings agencies, especially standard and poors have talked about wanting to see something this weekend, and, you know, boehner went on the record, yesterday and in a conference call that's republicans, talking and you hear it again, about wanting
bargain, big spending cuts an entitlement reform and boehner agreed to revenue increases, lower tax rates and do away with entitlements, and, some of the loopholes, and, boehner agreed to that, and, then the president demanded another $400 billion, 50% more, and he said, you know, that is still a possibility, and when i asked boehner about that he said i have not taken my last offer off the table and the grand bargain is not dead, and quite frankly, i don't think it is even on life support....
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Nov 29, 2012
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flexibility in the battle over raising tax rates. here he is yesterday. >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses have some certainty going into next year. and we can do it in a balanced and fair way, but our first job is to make sure the taxes on middle class families don't go up. martha: okay. so president obama is also saying that he wants to raise taxes on families earning more than $250,000, but that move would only generate about $85 billion a year. that is a drop in the bucket compared to the amount of u.s. debt. and that number is about what the federal government spends in just eight days. so if he gets what he wants everybody over 250,000 pays more it's going to cover eight and a half days of the government spending amount and some would say the government spending problem. art laugher joins me now. architect of reagan tphopl i raeug reagannomics. in washington they have a lot of work to do. the question is wh
flexibility in the battle over raising tax rates. here he is yesterday. >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses have some certainty going into next year. and we can do it in a balanced and fair way, but our first job is to make sure the taxes on middle class families don't go up. martha: okay. so president obama is also saying that he wants to raise taxes on families...
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you have the rating agencies and wall street being kweubg being kicked around. now they are saying they h-r the big cats, and now they are saying, we don't like what you're doing either. >> reporter: president obama will go down as the first president in history to go down with a down grid on his watch. all kinds of organizations cannot hold tip he will a da d aaa treasury debt. if it gets downloaded you have to sell it. that likely put interest rates up. martha: everybody in the country would pay more for everything in terms of the money they are borrowing just as a result of a downgrade. >> reporter: we would all feel a downgrade. martha: fascinating and scary. >> reporter: indeed. martha: stewart varney great to have you weigh in at the hop of the hour. going forward you have the house democrat particular leadership. they are supposed to be speaking with reporters any moment now laying out their demands on this debt bill. at 2:00pm eastern today speaker john boehner is expected to come out lane out his new plan, similar to the cut, cap and balance bill that w
you have the rating agencies and wall street being kweubg being kicked around. now they are saying they h-r the big cats, and now they are saying, we don't like what you're doing either. >> reporter: president obama will go down as the first president in history to go down with a down grid on his watch. all kinds of organizations cannot hold tip he will a da d aaa treasury debt. if it gets downloaded you have to sell it. that likely put interest rates up. martha: everybody in the country...
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not looking to help people, looking at ratings and making money. i'm thinking as a society this is going to the lowest common denominator. >> obama and michelle, would they allow their daughters to watch this program. where is jesse jackson and al sharpton, where is the outrage. >> is this stereo type, she mentioned race one of the women we interviewed. do you think it has anything to do with this? i don't see this as race related? >> it's people making deplorable, ridiculous, irresponsible decisions and it's outrageous to be-- paying these people money to be on a tv show, glorifying this kind of behavior. >> he takes care of his family, he takes care of his kids. but he takes care of them, he's not octo-mom which were you just talking about. >> sean: thanks, guys. greta is next, see you back here tomorrow night. >> tonight, could it be possible, could retired fbi agent bob levinson be alive after all these years, captive in iran? and is the united states doing anything about it? we have new photos tonight of levinson who vanished in iran almost si
not looking to help people, looking at ratings and making money. i'm thinking as a society this is going to the lowest common denominator. >> obama and michelle, would they allow their daughters to watch this program. where is jesse jackson and al sharpton, where is the outrage. >> is this stereo type, she mentioned race one of the women we interviewed. do you think it has anything to do with this? i don't see this as race related? >> it's people making deplorable, ridiculous,...
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now 1.3 trillion go back there same tax rate. same spending rate start there and you say? discretionary good idea. problematic on the so-called mandatory spending. medicare, medicaid. social security and so forth, which is most of the budget now and interest payments, you know that gets complicated. what you will end up doing doctor payments under medicare. >> excellent point. you may have to put a sir charge or 1% or 2% national sales tax to cover to cover that. i think people would agree to that. but, at this juncture, it's such a mumbo jumbo of this did that and nobody can understand it. i think it has to be simple find. let's take mr. obama's north carolina and virginia jaunts. it looks to me like he has problems in all -- the states indiana, ohio, florida, nevada, all of the red states that went for him. looks to me like he has problems in all of them right now. i think you are right these are three historically republic states. indiana and virginia last went for a democrat in the presidential race in 1964, north carolina last went for a democrat in 1976. two of these
now 1.3 trillion go back there same tax rate. same spending rate start there and you say? discretionary good idea. problematic on the so-called mandatory spending. medicare, medicaid. social security and so forth, which is most of the budget now and interest payments, you know that gets complicated. what you will end up doing doctor payments under medicare. >> excellent point. you may have to put a sir charge or 1% or 2% national sales tax to cover to cover that. i think people would...
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act now or they will lose the credit rating. it plans to downgrade the u.s. if a debt can't be reached by year's end. it comes a year after the rival. >> after months of speculation they are expected to announce the iphone 5 today. you are looking at the invite to the event in san francisco. a new four inch sis play. >> a tribute in lights. remembering the terror attacks and the nearly 3,000 people who died. they signify of course the two fallen towers. they will shine until sunrise at 6:34 am eastern time this morning. that is your 5@5:00. >>> the white house now dealing with another diplomatic dust up with israel. just a week after the dnc failed to include the jerusalem was in the platform. there's reports president obama turned down a request from the prime minister to meet here in the u.s. peter doocy is live for us in washington with more on that story. >>> good morning, peter. >> good morning, heather. we got word from the white house president obama and prime minister netanyahu did talk on the phone last night for an hou
act now or they will lose the credit rating. it plans to downgrade the u.s. if a debt can't be reached by year's end. it comes a year after the rival. >> after months of speculation they are expected to announce the iphone 5 today. you are looking at the invite to the event in san francisco. a new four inch sis play. >> a tribute in lights. remembering the terror attacks and the nearly 3,000 people who died. they signify of course the two fallen towers. they will shine until sunrise...
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when what obama is proposing on raising the rates on the 2% is a triviality. it will reduce the deficit from $11.01 trillion to $1. $1.02 trillion. eight cents on the dollar. nothing. lunch money. it's rounding error. yet that is all the debate we are hearing. obama understands this. he is trying to, he is not trying to fix our fiscal issues and problems. he's trying to destroy the republicans. by insisting that there is a split among republicans on this issue, which has held them together. the same way it destroyed president bush senior when he went back on the pledge he made. this is a political attack on republicans. there is no evidence right now that he has any interest from the real fiscal issue because he would have to talk about the spending and entitlements and he isn't. >> he will. he was willing to raise medicare retirement age to 67 when he talked to john boehner, he was willing to change formula on social security. those things will come back and be part of a final deal. they have to be. >> if he is so willing why did he never say it in pubic? >>
when what obama is proposing on raising the rates on the 2% is a triviality. it will reduce the deficit from $11.01 trillion to $1. $1.02 trillion. eight cents on the dollar. nothing. lunch money. it's rounding error. yet that is all the debate we are hearing. obama understands this. he is trying to, he is not trying to fix our fiscal issues and problems. he's trying to destroy the republicans. by insisting that there is a split among republicans on this issue, which has held them together. the...
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no matter what happens, unless we recover our aaa rating the argument is going to be president obama presided over the first downgrade in u.s. history. that's a pretty powerful argument. i think what the president is going to try to do is deflect some of that blame. i'm not sure that's a good argument at this point for him. i think he's got arguments both in the short term that are tough for him to make and -- to make and in the long term you look at what we're going to be discussing in the 2012 campaign, issues of debt, issues of decifit, things that are not sort of good turf for democrats to be having their best argument. bill: what about the accusations aimed at the tea party? is that a talking point for this week? or does that stick, stephen? >> it's a talking point for this week. but i guarantee you it will be a talking point through the 2012 election. look, i think the obama white house doesn't have much to say on its own behalf right now and i say that not as somebody who's taking a shot at them but objectively, if you look at what happened with the economy under this presiden
no matter what happens, unless we recover our aaa rating the argument is going to be president obama presided over the first downgrade in u.s. history. that's a pretty powerful argument. i think what the president is going to try to do is deflect some of that blame. i'm not sure that's a good argument at this point for him. i think he's got arguments both in the short term that are tough for him to make and -- to make and in the long term you look at what we're going to be discussing in the...
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american spirit, triple a rating even though s&p downgraded, the obama administration today. >> should we blame -- >> thank you, peter. >> should we blame this crisis on our founding fathers? >> and the problem that we have here is the constitution of the united states of america. >> what? we'll explain her comment coming up. plus she's a pintsized screen queen. 11-year-old actress bailey madison, star of the new movie "don't be afraid of the dark" is here live coming up. [ p.a. announcer ] announcing america's favorite cereal is now honey nut cheerios! yup, america's favorite. so we're celebrating the honey sweetness, crunchy oats and... hey! don't forget me!! honey nut cheerios. make it your favorite too! have i got a surprise for you! yeah, it's new [ barks beneful healthy fiesta. gotta love the protein for muscles-- whoo-hoo! and omega-rich nutrition for that shiny coat. ever think healthy could taste so good? [ woman announcing ] new beneful healthy fiesta. excuse me. him? he's helping me get back to normal. hey, i don't even live in a floodplain. but i've got flood insurance, so
american spirit, triple a rating even though s&p downgraded, the obama administration today. >> should we blame -- >> thank you, peter. >> should we blame this crisis on our founding fathers? >> and the problem that we have here is the constitution of the united states of america. >> what? we'll explain her comment coming up. plus she's a pintsized screen queen. 11-year-old actress bailey madison, star of the new movie "don't be afraid of the dark" is...
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. >> america just lost the triple a credit rating and now we're double a plus. there are about 10 or 12 states that are rated triple a right now. they can no longer be triple a rated. at some point, the rating agencies are going to come together and say they're getting a lot of their funding from the federal government. if they're getting federal government at double a plus ratings there's no way they can survive a triple a rating and that's going to affect millions of investors. millions of people with that in their portfolio. >> one of the most important things that came out of that debt deal last week was this super committee, though, and who the heck is going to be on it? to me, this is the most important thing that can happen in the near future if the president isn't going to call back the congress in august and do something else sooner which i would think that he should but in the event that he doesn't, who will be on the super committee because are you going to put people who are on the far right and the far left and then have them duke it out. and the tr
. >> america just lost the triple a credit rating and now we're double a plus. there are about 10 or 12 states that are rated triple a right now. they can no longer be triple a rated. at some point, the rating agencies are going to come together and say they're getting a lot of their funding from the federal government. if they're getting federal government at double a plus ratings there's no way they can survive a triple a rating and that's going to affect millions of investors. millions...
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charles crowd hammer says president obama likes those tax rates so much let's let him live with them for everybody. >> what he will say is i wanted to do legislation to exempt the middle class, but the republicans wouldn't give me the bill. he is prepared, megyn, bluntly to sacrifice the interest of the larger whole to win a political fight. when i was working for clinton we did a deal with gingrich. there was never ever a sense that we would put politics ahead of getting a balanced budget. we got it, we won the election and this president is putting politics ahead of everything. megyn: if republicans give president obama the tax rates on the rich what do they have to negotiate with? why would they do it? >> i think president obama has the winning hand. >> he does. >> i'm not sure in the long term -- if there is a recession, either there won't be a recession or there will and the republicans will get the blame. that's and high wire act to do at this point. it's very risky from this kind of elect to take this. he could get 85% of what he wanted -- >> he's also gambling on one thing. t
charles crowd hammer says president obama likes those tax rates so much let's let him live with them for everybody. >> what he will say is i wanted to do legislation to exempt the middle class, but the republicans wouldn't give me the bill. he is prepared, megyn, bluntly to sacrifice the interest of the larger whole to win a political fight. when i was working for clinton we did a deal with gingrich. there was never ever a sense that we would put politics ahead of getting a balanced...
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martha: did the obama administration go after a credit rating agency because they gave the united states a downgrade? that's the claim in response to a federal lawsuit. the chair of the parent company says an age have i timothy geithner then the treasury secretary called them after the company downgraded u.s. debt, warning that such an action would be met with quota response. two years later the government sued s & p for fraud surrounding the financial crisis. stuart varney joins me now. this is a serious claim. >> reporter: this is a claim that the government is undermining objective financial analysis. that basically is the charge against the government this morning. let me take you back and give you have the timeline. friday, august 5, 2011. standard and poor's downgrade america. we lose our triple aaa rating. monday morning the man who runs s & p gets a call from tim geithner. tim geithner is mad, he's the treasury secretary. mairmd mcgraw stand his ground and says we are right. geithner says there will be a response from the government, you will be accountable. use said, along comes
martha: did the obama administration go after a credit rating agency because they gave the united states a downgrade? that's the claim in response to a federal lawsuit. the chair of the parent company says an age have i timothy geithner then the treasury secretary called them after the company downgraded u.s. debt, warning that such an action would be met with quota response. two years later the government sued s & p for fraud surrounding the financial crisis. stuart varney joins me now....